First Point Volleyball Foundation

Analysis

First Point Volleyball Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Point Volleyball Foundation reported income of $979k and spending of $694k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $696k to $979k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Point Volleyball Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Jewish Heritage Day School of Buffalo ($979k), Denver Cooperative Preschool ($980k) and Occacc Foundation ($979k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (14% of expenses). At year end it held assets of $360k against liabilities of $317k, net assets of $44k. It reported 2 employees.